Vietnam, Brazil agree to push ahead with signing of agreements
|Vietnam, Brazil strengthen cooperation among localities|
|Vietnam, Brazil hold political consultation|
|Vietnam, Brazil enhance comprehensive cooperation|
|Permanent Deputy Foreign Minister of Vietnam Bui Thanh Son. Photo: Hanoi TV|
The foreign ministries of Vietnam and Brazil have agreed to accelerate the signing of agreements in order to perfect the legal framework for bilateral cooperation in such spheres as education, technology, investment, and national defence.
At the seventh Vietnam - Brazil political consultation at the deputy FM level, held online on November 6, the two sides consented to continue their close coordination to maintain the development momentum of relations.
They will also step up high-level visits when possible, bring into full play the Vietnam-Brazil Joint Committee, expand dialogue and connectivity between ministries, agencies and businesses of both sides, and promote trade and investment collaboration, particularly in farm produce.
Permanent Deputy Foreign Minister of Vietnam Bui Thanh Son and his Brazilian counterpart Marcia Donner Abreu jointly held the political consultation. The officials rejoiced at the strong development of the bilateral economic and trade relations.
|The seventh Vietnam - Brazil political consultation at the deputy FM level was held in the form of a teleconference. Photo: The World & Vietnam Report|
They shared the view that Brazil has remained Vietnam’s largest trade partner in Latin America with two-way trade reaching a record of 4.89 billion USD in 2019, and the two countries still have substantial potential to enhance their trade and investment links.
The officials compared notes on the situation of their respective country, especially the fight against the COVID-19 pandemic and measures to revive the economy and ensure social security.
They also reviewed and assessed the bilateral cooperation, and discussed measures in an effort to advance the Vietnam-Brazil comprehensive partnership in the time ahead.
On this occasion, the two sides exchanged ideas on international and regional issues of common concern. They concurred to maintain their coordination and mutual support at international organisations and multilateral forums to which both are members like the United Nations, the World Trade Organisation (WTO), the Forum of East Asia-Latin America Cooperation (FEALAC), as well as cooperation between ASEAN and the Southern Common Market (MERCOSUR)./.
Mercosur the South American trade bloc, is considered a lucrative market for Vietnamese exporting products such as garments, footwear, handicrafts, and processed foods to exploit.
According to a statement released on LATAM Airlines Group’s website, the largest carrier in Latin America, filed for Chapter 11 bankruptcy earlier this week.
Brazil is always a leading important partner of Vietnam in Latin America, member of the Communist Party of Vietnam Central Committee and National Assembly Vice ...